Found 47 blog entries tagged as real estate.


Ah, the quest for homeownership in the Great White North! It's a journey filled with igloos, poutine, and maple syrup… or is it? While the Canadian dream may not necessarily involve those stereotypical elements, it almost always includes owning a piece of this beautiful country. But where do you start, and how can you make the journey smoother? Well, dear reader, it's time to explore the exciting world of down payments and discover why going big can be your golden ticket to that cozy Canadian home.

Chapter 1: The Down Payment Dance

Before we dive headfirst into the benefits of a larger down payment, let's get our groove on and understand what it is.

In the world of Canadian real estate, the down payment is the initial lump sum of money you…

333 Views, 0 Comments

Read Full Post

Unlocking Your Dream Home with the Right Mortgage

In the realm of real estate, finding the perfect mortgage is like discovering the key that unlocks the door to your dream home. However, navigating the intricate world of mortgages can often feel like venturing into uncharted territory. Fear not, as we embark on a journey to demystify mortgages. We will shed light on the various types of mortgages available, explore how they work, and guide you in selecting the perfect fit for your unique needs.

Understanding Mortgages

At its core, a mortgage is a financial agreement that enables individuals to purchase a home without paying the full price upfront. In this arrangement, a lender provides the necessary funds to buy the property, and the borrower…

344 Views, 0 Comments

Read Full Post

In the exhilarating journey of buying a new home, the process of home inspection plays a pivotal role. It's the point where potential buyers gain insights into the true condition of the property and make informed decisions. Home inspectors are like detectives, revealing underlying issues that may not be apparent at first glance. These professionals have a keen eye for spotting red flags—indicators of potential problems that could significantly impact the home's value, safety, and overall appeal. In this article, we'll delve into the world of home inspection red flags, understanding what they are and how to address them.

Cracks and Foundation Shifts: A Warning of Structural Issues

One of the most glaring red flags in a home inspection is the…

387 Views, 0 Comments

Read Full Post

When it comes to finding a place to live, you have the option to rent or buy a property. Both choices have their advantages and considerations, and it's important to carefully evaluate your circumstances and preferences before making a decision. In this article, we will explore the pros and cons of renting and buying to help you make an informed choice.

The Pros and Cons of Renting

Pros of Renting

Flexibility: Renting provides flexibility, allowing you to easily relocate or change your living arrangements without the commitment of owning a property.

Lower Initial Costs: Renting typically requires lower upfront costs, as you don't have to make a down payment or cover expenses such as property taxes or maintenance.

Reduced…

268 Views, 0 Comments

Read Full Post

When it comes to investing in real estate in St. John's, Newfoundland, potential buyers are often faced with the decision of choosing between a condo or a house. Both options have their advantages and drawbacks, and understanding the differences can help you make an informed decision that aligns with your needs and preferences. In this article, we will explore the factors to consider when choosing between condos and houses in St. John's and help you determine which option is right for you.

Understanding Condos

Condominiums, or condos, are housing units within a larger building or complex that are individually owned. Condo owners have exclusive ownership of their unit and shared ownership of common areas such as lobbies, gyms, and swimming pools.…

287 Views, 0 Comments

Read Full Post

Welcome to our beginner's guide on investing in real estate. Real estate has long been considered a lucrative investment option, providing both financial stability and potential for substantial returns. Whether you're looking to diversify your portfolio, generate passive income, or build long-term wealth, real estate investment can be a rewarding endeavor. In this guide, we'll walk you through the fundamentals of investing in real estate and provide valuable insights to help you get started on the right foot.

Why Real Estate Investment?

Investing in real estate offers several advantages that make it an attractive option for beginners. Unlike other investment avenues, such as stocks or bonds, real estate provides tangible assets that you have…

344 Views, 0 Comments

Read Full Post

In a world of evolving markets and shifting trends, real estate has stood the test of time as a reliable long-term investment. However, with headlines buzzing about home prices and mortgage rates, you may find yourself questioning whether now is the right time to invest in homeownership. In this blog post, we'll share valuable tips and insights to help you confidently navigate the real estate landscape. Discover why real estate is a solid long-term investment and gain the knowledge to make informed decisions that will shape your financial future.

  1. Embracing Resilience: Real Estate's Track Record

    Real estate has withstood the test of time as a resilient investment. Unlike volatile markets, it provides stability and consistent returns. By…

425 Views, 0 Comments

Read Full Post

At RE/MAX Infinity, we understand that finding the perfect neighborhood and home goes beyond the number of bedrooms and square footage. It's about creating a future that aligns with your dreams, aspirations, and lifestyle. In this article, we'll take you on a journey through various neighborhoods, highlighting their unique features and illustrating how they can shape your everyday life. Get ready to explore and envision the possibilities that await you!

Tranquil Retreats: Suburban Oasis

Imagine living in a serene neighborhood with tree-lined streets, spacious yards, and a strong sense of community. Suburban living offers tranquility and a slower pace, making it ideal for families and those seeking peace and privacy. Discover the joys of local…

230 Views, 0 Comments

Read Full Post

Buying your first home can be a daunting experience, but it's also an exciting milestone in your life. You might have heard about the challenges of homeownership, but don't worry, with the right preparation, you can become a confident homebuyer in no time. In this blog post, we'll explore some tips on how to prepare for buying your first home.

Set a Realistic Budget

Before embarking on your home buying journey, it's crucial to have a clear understanding of your financial situation. Take the time to review your income, expenses, and savings. Determine how much you can afford to spend on a home without putting yourself in financial jeopardy. Generally, your mortgage payment should not exceed 30% of your gross monthly income. Remember, your dream…

292 Views, 0 Comments

Read Full Post

Home sales in Newfoundland and Labrador saw a decline of 21% in March 2023 compared to the same month in the previous year, with a total of 350 units sold. However, home sales for the month were 0.5% higher than the five-year average and 13.5% higher than the 10-year average. Year-to-date home sales for the first three months of 2023 were down 20.7% compared to the same period in 2022, with a total of 902 units sold.

St. John's saw a significant decline in residential activity of 32.3% year-over-year in March 2023, with single detached home sales falling 17.5% from March 2022 levels. In comparison, the rest of the province saw a smaller decline of 14.9%. The MLS® Home Price Index (HPI) showed that the overall benchmark price for homes in…

263 Views, 0 Comments

Read Full Post